Global Trade Alert
Global Trade Alert

United Kingdom: UKEF provides financing to support UK companies' construction and upgrading contracts in Angola

Announcement

09 Nov 2018

On 8 November 2018, the UK Export Finance agency (UKEF) announced providing financing to support UK companies' construction of three hospitals as well as upgrading two power stations in Angola.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

08 Nov 2018

Revocation date:

No revocation date

Updated: 09 Nov 2018
Local value added incentive In force

To be eligible for support from UKEF, the export contract value must have a minimum UK content of 20%. Foreign content imported and utilised as parts or components of the manufacturing process is c...

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Updated: 09 Nov 2018
Trade finance In force

The financial support approved by UK Export Finance agency (UKEF) has a total value of EUR 450 million (USD 513.7 million).  The approval of the support was announced ...

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